Wednesday 5 November 2014

ICICI Prudential MF introduces Capital Protection Oriented Fund - Series VII - 1285 Days Plan B

ICICI Prudential Mutual Fund has launched the New Fund Offer (NFO) of ICICI Prudential Capital Protection Oriented Fund - Series VII - 1285 Days Plan B, a close ended income scheme. The NFO opens for subscription on Nov 05, 2014 and closes on Nov 19, 2014.  No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000.

The scheme’s performance will be benchmarked against CRISIL MIP Blended Index and its fund manager is Vinay Sharma, Rahul Goswami, Rahul Goswami and Shalya Shah.

The investment objective of the scheme is to protect capital by investing a portion of the portfolio in highest rated debt securities and money market instruments and also to provide capital appreciation by investing the balance in equity and equity related securities.

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